Jane Edwards
Shane Zabel, artificial intelligence technology director for Raytheon Technologies‘ intelligence and space business, said there are four steps organizations should consider as they develop and implement their AI strategies and the first two are understanding the technology and its potential impact on the organization and identifying potential processes where they can implement AI.
Zabel told market research firm Emerj in a podcast that the last two steps are finding an “AI pioneer” to oversee AI strategy development efforts and analyzing the business where AI could be used.
He noted that organizations should adopt an iterative approach to their AI strategy due to the technology’s rapidly evolving nature.
“If you don’t treat this as kind of an iterative, ongoing, living process, the technology will change out from underneath you, and then you don’t have the best strategy that you could possibly have,” Zabel told Emerj CEO Daniel Faggella during the podcast.
He highlighted the importance of having a use case identification framework and the need to involve multiple stakeholders when it comes to AI strategy implementation.
“I think from a stakeholder perspective, [AI strategy involves] the standard stakeholder alignment associated with any business strategy. You need your profit and loss organizations, your engineering and technology organizations, your leadership team, your investors … they are all stakeholders, and they all have to be bought into it,” Zabel added.
